Taxes Thieves will now be caught with the help of social media, government has given a contract for Rs 650 crore to private sector firms

Now the thieves will be identified by social media also. For this, the government is going to make social media analysis. For this ambitious initiative, Larsen & Toubro (L&T) Infotech has been given a contract worth Rs. 650 crore. The company’s Chief Executive and Managing Director Sanjay Jelona have given this information. He said, ‘This will actually be an advanced analysis. Now it is our deal of $ 100 million, i.e. around 650 crore rupees. This is not a small contract. ‘

According to Jalna, the project got its project from the Central Board of Direct Taxes (CBDT). This is a huge digital deal. Economic web pages will be created in this project. These web pages will be designed and marked that the computer will be able to read it automatically.

How will work

According to Jalna, ‘We will prepare a systematic web page with a person. Suppose, if his wife has gone to Seychelles to roam and uploaded her photos to Instagram, then we will find out. It will be an advanced analysis in itself.

The government has decided to use the best data analysis to increase tax collection in the country. Compared to other countries, India is among the lowest tax collection companies in terms of GDP.

According to a report last month, L&T has got this contract for several years and the company will make the production and operation of the technology itself and its transfer. Explain that L&T Infotech was listed last year.

Efforts to make the tax system stronger after the ban

After the declaration of bank slip in November last year, the government has made several attempts to repair the shortcomings of the tax system using advanced technology.

In June this year, the Reserve Bank had assumed that 99 percent of the notes issued out of currency has returned to the banking system. Since then, the government has started an extra effort to strengthen the tax system. The notes which the government had taken out of circulation were 87 percent of the total currency.